Sei proposes EVM-only structure, phasing out Cosmos transactions and sensible contracts

Sei proposes EVM-only structure, phasing out Cosmos transactions and sensible contracts

Sei Labs needs to simplify its blockchain by going all-in on EVM and dropping help for Cosmos transactions and sensible contracts.

Sei Labs, a core improvement crew behind the Sei blockchain, has unveiled a brand new proposal to ditch Cosmos transactions and CosmWasm contracts and go all-in on EVM to make the blockchain easier and simpler to construct on.

The proposal, Sei Enchancment Proposal-3, is the second to be submitted beneath the brand new SIP governance course of. If handed, it will imply Sei turns into an EVM-only chain, transferring away from its present twin help for each EVM and Cosmos accounts.

“As EVM usage continues to dominate activity on Sei, this proposal reflects a clear path forward: a streamlined, EVM-first architecture designed to scale the next generation of DeFi, gaming, and real-world applications.”

Jay Jog, co-founder of Sei Labs

In accordance with the proposal, solely EVM addresses will be capable of ship transactions on Sei. CosmWasm contracts and Cosmos message dealing with could be eliminated, whereas staking and governance options will stay accessible by way of EVM precompiles.

Sei Labs mentioned the present twin setup has created friction for customers and builders, with customers having to handle and hyperlink “both EVM and native addresses.” If the proposal goes by way of, infrastructure suppliers might want to change to EVM-only APIs. Customers can even want to maneuver belongings to EVM-native wallets or bridge out Cosmos belongings, and CosmWasm builders must port their apps to EVM, the crew famous.

In accordance with Sei Labs, shifting to an EVM-only setup will “significantly simplify the Sei developer and user experience, reduce infrastructure overhead, and position Sei more strongly within the broader EVM ecosystem.” Nonetheless, there’s no clear timeline for when the proposal would possibly take impact.

Amid the announcement, SEI (SEI) value jumped 6% to $0.2, whereas buying and selling quantity surged 17.27%, based on knowledge from crypto value aggregator platforms.

Supply hyperlink

bitcoin
Bitcoin (BTC) $ 103,913.84 0.88%
ethereum
Ethereum (ETH) $ 2,503.72 0.95%
tether
Tether (USDT) $ 1.00 0.00%
xrp
XRP (XRP) $ 2.39 1.84%
bnb
BNB (BNB) $ 645.76 0.64%
solana
Solana (SOL) $ 171.13 2.07%
usd-coin
USDC (USDC) $ 1.00 0.01%
dogecoin
Dogecoin (DOGE) $ 0.223403 3.68%
cardano
Cardano (ADA) $ 0.755223 0.68%
tron
TRON (TRX) $ 0.272545 1.10%
staked-ether
Lido Staked Ether (STETH) $ 2,502.59 0.81%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 103,933.85 1.10%
sui
Sui (SUI) $ 3.82 1.36%
wrapped-steth
Wrapped stETH (WSTETH) $ 2,998.34 0.55%
chainlink
Chainlink (LINK) $ 15.65 2.42%
avalanche-2
Avalanche (AVAX) $ 22.98 0.92%
stellar
Stellar (XLM) $ 0.289428 0.91%
hyperliquid
Hyperliquid (HYPE) $ 26.91 0.68%
shiba-inu
Shiba Inu (SHIB) $ 0.000015 3.62%
hedera-hashgraph
Hedera (HBAR) $ 0.193473 1.19%
leo-token
LEO Token (LEO) $ 8.69 2.96%
bitcoin-cash
Bitcoin Cash (BCH) $ 398.67 0.91%
the-open-network
Toncoin (TON) $ 3.10 1.20%
litecoin
Litecoin (LTC) $ 98.40 0.07%
polkadot
Polkadot (DOT) $ 4.75 1.49%
usds
USDS (USDS) $ 1.00 0.01%
weth
WETH (WETH) $ 2,505.23 1.07%
monero
Monero (XMR) $ 343.86 2.34%
bitget-token
Bitget Token (BGB) $ 5.24 5.66%
binance-bridged-usdt-bnb-smart-chain
Binance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 1.00 0.19%
wrapped-eeth
Wrapped eETH (WEETH) $ 2,671.50 0.89%
pepe
Pepe (PEPE) $ 0.000013 7.37%
pi-network
Pi Network (PI) $ 0.723914 3.47%
ethena-usde
Ethena USDe (USDE) $ 1.00 0.02%
coinbase-wrapped-btc
Coinbase Wrapped BTC (CBBTC) $ 103,992.86 0.99%
whitebit
WhiteBIT Coin (WBT) $ 30.40 1.11%
bittensor
Bittensor (TAO) $ 421.08 0.63%
dai
Dai (DAI) $ 1.00 0.06%
uniswap
Uniswap (UNI) $ 5.92 1.50%
aave
Aave (AAVE) $ 226.98 1.33%
near
NEAR Protocol (NEAR) $ 2.75 0.89%
aptos
Aptos (APT) $ 5.18 1.26%
okb
OKB (OKB) $ 53.10 0.27%
jito-staked-sol
Jito Staked SOL (JITOSOL) $ 205.80 2.10%
crypto-com-chain
Cronos (CRO) $ 0.0993 1.28%
ondo-finance
Ondo (ONDO) $ 0.932337 1.82%
kaspa
Kaspa (KAS) $ 0.111893 1.22%
blackrock-usd-institutional-digital-liquidity-fund
BlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00 0.00%
tokenize-xchange
Tokenize Xchange (TKX) $ 35.15 3.12%
internet-computer
Internet Computer (ICP) $ 5.24 1.04%
ethereum-classic
Ethereum Classic (ETC) $ 18.38 0.60%
gatechain-token
Gate (GT) $ 21.52 0.65%
official-trump
Official Trump (TRUMP) $ 12.93 2.94%
mantle
Mantle (MNT) $ 0.739985 1.27%
vechain
VeChain (VET) $ 0.028339 1.97%
render-token
Render (RENDER) $ 4.63 1.97%
ethena-staked-usde
Ethena Staked USDe (SUSDE) $ 1.17 0.02%
susds
sUSDS (SUSDS) $ 1.05 0.05%
ethena
Ethena (ENA) $ 0.377673 3.97%
cosmos
Cosmos Hub (ATOM) $ 4.82 0.76%
usd1-wlfi
USD1 (USD1) $ 1.00 0.13%
polygon-ecosystem-token
POL (ex-MATIC) (POL) $ 0.23812 2.88%
lombard-staked-btc
Lombard Staked BTC (LBTC) $ 103,838.82 0.78%
fetch-ai
Artificial Superintelligence Alliance (FET) $ 0.762616 1.75%
filecoin
Filecoin (FIL) $ 2.86 2.63%
algorand
Algorand (ALGO) $ 0.222175 2.36%
arbitrum
Arbitrum (ARB) $ 0.388714 2.91%
fasttoken
Fasttoken (FTN) $ 4.40 0.11%
celestia
Celestia (TIA) $ 2.67 1.66%
worldcoin-wld
Worldcoin (WLD) $ 1.13 5.06%
sonic-3
Sonic (prev. FTM) (S) $ 0.505186 0.40%
jupiter-perpetuals-liquidity-provider-token
Jupiter Perpetuals Liquidity Provider Token (JLP) $ 4.56 1.00%
bonk
Bonk (BONK) $ 0.00002 6.10%
binance-peg-weth
Binance-Peg WETH (WETH) $ 2,506.20 0.88%
first-digital-usd
First Digital USD (FDUSD) $ 0.99857 0.02%
jupiter-exchange-solana
Jupiter (JUP) $ 0.509167 5.21%
maker
Maker (MKR) $ 1,763.85 0.87%
kucoin-shares
KuCoin (KCS) $ 11.56 2.32%
binance-staked-sol
Binance Staked SOL (BNSOL) $ 180.30 2.25%
kelp-dao-restaked-eth
Kelp DAO Restaked ETH (RSETH) $ 2,613.14 0.84%
story-2
Story (IP) $ 4.82 3.01%
blockstack
Stacks (STX) $ 0.863932 1.29%
nexo
NEXO (NEXO) $ 1.29 2.25%
fartcoin
Fartcoin (FARTCOIN) $ 1.27 7.61%
flare-networks
Flare (FLR) $ 0.019377 1.46%
sei-network
Sei (SEI) $ 0.229608 1.97%
eos
EOS (EOS) $ 0.805679 0.91%
virtual-protocol
Virtuals Protocol (VIRTUAL) $ 1.85 8.34%
immutable-x
Immutable (IMX) $ 0.653854 3.09%
injective-protocol
Injective (INJ) $ 12.09 4.38%
optimism
Optimism (OP) $ 0.709961 0.95%
rocket-pool-eth
Rocket Pool ETH (RETH) $ 2,842.02 1.00%
xdce-crowd-sale
XDC Network (XDC) $ 0.072726 2.59%
usdt0
USDT0 (USDT0) $ 0.999483 0.11%
solv-btc
Solv Protocol BTC (SOLVBTC) $ 103,841.82 1.07%
the-graph
The Graph (GRT) $ 0.110162 3.23%
dogwifcoin
dogwifhat (WIF) $ 1.02 6.14%
floki
FLOKI (FLOKI) $ 0.000097 5.63%
raydium
Raydium (RAY) $ 3.21 0.72%
mantle-staked-ether
Mantle Staked Ether (METH) $ 2,665.09 0.69%
Scroll to Top